How the financial projections will be calculated

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Reference no: EM132148379

Prepare the outline of a financial plan for a small business.

In your plan include descriptions/ explanations of:

financial records that will be kept

the accounting procedures that will be used

how the financial projections will be calculated-including assumptions made

whether business capital is required and if it is, how it will be sourced

the taxation records that will be kept

the procedures for keeping taxation records

how debtors will be managed

the KPIs that will be used as well as an appropriate target for each one

any financial ratios that will be used

how the financial targets will be monitored and reviewed

how other plans and policies will be monitored for their impact on the business's bottom line

how the financial plan will be evaluated and reviewed

Reference no: EM132148379

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